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New York could soon be the first major American city to limit its number of ride-hailing vehicles.
Under a measure that could go to a vote as soon as Aug. 8, the city would stop licensing new for-hire vehicles — except wheelchair-accessible ones — while the council took a year to study the industry. It might also set minimum hourly pay for app-based drivers.
Uber, which argues that the cap would hurt riders poorly served by yellow taxis and public transport, has already released an ad against the proposal.